Leading Answers

AUGUST 25, 2020

Project managers generally like plans and estimates so we can forecast when things should be done and how much they may cost. " So, when project managers hear about ideas such as "let's stop estimating," it can trigger a knee-jerk reaction. It sounds lazy and avoiding the hard work of having to estimate.

Estimate 131

Estimate Software Review Underperforming Technical Team Agile 131

MPUG

DECEMBER 12, 2022

The Project Information Repository (PIREP) is a fundamental tool for managing and administering software development projects. It’s recommended that the PIREP be on an online database, so that all team members can share the information on key information such as milestones, risks, issues, changes, meetings, and decisions.

Technical Review 80

Technical Review Risk Management Software Review Controlling 80

Scrum.org

MAY 5, 2022

One way is to estimate Product Backlog item (PBI) size. In a recent article, we talked about three ways to estimate: Exact estimation, relative estimation, and flow metrics. This week, I’d like to dive a bit deeper into the most popular estimation technique: relative estimation. . T-shirt sizes.

Estimate 142

Estimate SCRUM 2020 Agile 142

Teamweek

NOVEMBER 3, 2023

Top-down estimating is a form of estimation where existing knowledge of similar projects is used in the estimation process to produce a ballpark figure for the total cost. Like other methods to estimate a new project’s cost , top-down estimation has advantages and disadvantages. What is top-down estimating?

Estimate 52

Estimate Budget Influencer Initiating 52

Teamweek

DECEMBER 22, 2023

Parametric estimation is a crucial estimation technique in project management. That’s because parametric estimations are highly accurate and take some guesswork from your estimation process. What is parametric estimating? The more granular the parameter, the more accurate the estimate.

Estimate 52

Estimate Software Review Project Cost Risk Management 52

ProjectManager.com

MARCH 8, 2024

An RFI in construction is a request for information. The request for information identifies these information gaps or ambiguities and the decisions regarding them are shared over the project’s life cycle. An army of subcontractors each with their own specific discipline complete construction projects.

Construction 316

Construction Software Review Engineering Budget 316

Rebel’s Guide to PM

JULY 24, 2023

What is a ROM estimate? A rough order of magnitude estimate is used to give you a very high level view of potential project costs. Ideally, you’d be able to provide a definitive estimate, carefully created from loads of input from subject matter experts and plenty of research on past projects and their budgets.

Estimate 285

Estimate PMO PMI Budget 285

Rebel’s Guide to PM

APRIL 8, 2022

Searching historical project data and surfacing relevant information is tough. For example, imagine reviewing estimates from the project team. As you enter their estimated effort for tasks, the software prompts you: Claire’s estimates were 20% under on her last five projects. Well, yes.

2022 435

2022 Artificial Inteligence Technical Review Software Review 435

Teamweek

AUGUST 1, 2022

Project cost estimation can be challenging, especially when the project is complicated and has many moving parts. In this guide, you’ll learn: What a project cost estimate is Why most project cost estimates are terrible How to create an accurate project estimate What to do after creating your project cost estimate.

Estimate 52

Estimate Project Cost Web Development Software Review 52

MPUG

JANUARY 8, 2024

The solution, of course, is estimating. There is a whole science to estimation, and it would be possible to go very deeply into this. But before we start, let’s tackle the Estimation Elephant in the Room…. The estimation techniques they use are a deliberate trade-off between speed and accuracy.

Estimate 52

Estimate Technical Review Risk Management Closing 52

ProjectManager.com

MARCH 20, 2024

To help you once you break ground on your construction project, we’ll throw in some free construction project management templates on estimating, scheduling and budgeting. Construction Budget Confirm the construction budget and cost estimations so that all parties are clear on the allotted costs for materials, labor, overhead, etc.

Construction 329

Construction Software Review Underperforming Technical Team Estimate 329

ProjectManager.com

FEBRUARY 27, 2024

Using project planning templates can help you schedule tasks, estimate budgets and allocate resources. They provide you with a consistent project documentation process, which can then be archived and retrieved to inform future planning. RACI Matrix Template RACI is an acronym for responsible, accountable, consulted and informed.

Planning 361

Planning Software Review Risk Management Budget 361

Rebel’s Guide to PM

MARCH 18, 2021

In this article we’ll look at the types of artifacts in project management, typical documents for each type. Artifacts are categorized in the PMBOK® Guide – 7 th edition into 9 different types and that’s what this article is going to look at. The article will be updated in due course. Visual data and information.

Logistics 509

Logistics Artificial Inteligence PMI Performance Measurement 509

Rebel’s Guide to PM

JANUARY 30, 2024

By 2028, it is estimated that 73% of all departments will have remote workers. In this article we will discuss 5 tried-and-tested tips and tricks for working and communicating well as a remote team , keeping your team together for successful project execution. Do you remember what happened?

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2028 2005 Executing 2020 328

LiquidPlanner

AUGUST 28, 2018

After he left the project, many of those spreadsheets lived untouched on a network drive and project information became even more chaotic to interpret and manage. To be truly effective and productive, project schedules and information need to be available to a wide range of users with varying technical skills.

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Underperforming Technical Team Software Developers Software Development Agile 772

Planview

JULY 29, 2021

This informative and easy-to-read article explores the basics of project budget tracking , including best practices and a 7-phase methodology. Tracking costs involves estimating budgets, establishing controls, measuring results, updating forecasts and continuous communication. Estimate Budgets. Estimate Budgets.

Estimate 78

Estimate Budget Project Life Cycle Controlling 78

Rebel’s Guide to PM

APRIL 17, 2024

It uses the contractual agreements and workload estimates to accurately work out how much money you’ll need on the project in any given month. Get your estimates. This article first appeared at Rebel's Guide to Project Management Plot spend across the timeline and you’ll get an idea of when bills need to be paid.

Critical Chain 341

Critical Chain Software Review Budget Risk Management 341

ProjectManager.com

AUGUST 29, 2023

Plus we’ve added handy links to help you dive deeper into different topics with videos, articles and even our round-up of all resources so you can put these important terms into practice with your projects. Baseline A baseline is an estimate of the project’s scope, schedule and costs that is created during the planning stage.

Software Review 392

Software Review Underperforming Technical Team Lean Event Chain 392

Epicflow Blog

MARCH 2, 2020

Written by Art Petty, this article proposes 8 tips for managers to become better decision-makers. Analyze additional information before making a decision. In his article for Gallup, Adam Hickman reflects upon the right ways to promote employees to the position of a manager on a fair basis. Assist in making group decisions.

Leadership 95

Leadership Estimate Risk Management Consulting 95

Rebel’s Guide to PM

FEBRUARY 5, 2024

In this article we’ll look at how to segment costs, how to find out the cost of things, and then how to structure your budget. If you are planning a budget for a project proposal i.e. pitching to someone else for them to secure your services to deliver a piece of work, then read this article about preparing a budget for a proposal.

Budget 307

Budget Project Cost Estimate Finance 307

Rebel’s Guide to PM

JULY 20, 2023

In this article we’ll look at the types of artifacts in project management, typical documents for each type. Artifacts in the PMBOK Guide – Seventh Edition Artifacts are categorized in the PMBOK® Guide – Seventh edition into 9 different types and that’s what this article is going to look at. What is an artifact?

Logistics 258

Logistics Artificial Inteligence PMI Performance Measurement 258

Rebel’s Guide to PM

SEPTEMBER 8, 2021

The four types of project management methods are: Data gathering and analysis methods Estimating methods Meetings and events Other (because it’s always worth having a bucket category for anything else, right?). This is rich information for understanding more and helping with the business justification of next steps. Estimating methods.

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Underperforming Technical Team Estimate Software Review Risk Management 440

Wrike

OCTOBER 4, 2023

Accurate construction cost estimates are crucial for successful project planning and execution. Understanding the Basics of Construction Budgeting Accurate cost estimation is the cornerstone of construction budgeting. Moreover, accurate cost estimates play a crucial role in financial planning and control.

Construction 36

Construction Estimate Budget Technical Review 36

Rebel’s Guide to PM

OCTOBER 7, 2023

I have never worked on a project where it’s been so easy to elicit requirements and to get information out of stakeholders, but apart from that, it’s realistic! Sauce & Spoon project charter The information you need for the summary and project goals is dotted throughout the case study material.

Certification 309

Certification Software Review Estimate Risk Management 309

Epicflow Blog

JULY 5, 2022

Estimation of project cost is one of the core practices of the project initiation stage, which becomes the basis for the approved project budget. Therefore, a proper cost estimation is about finding a fine line in this complex process. What helps make cost estimation simple and efficient? How to estimate project cost .

Project Cost 52

Project Cost Estimate Process Budget 52

ProjectManager.com

MARCH 14, 2024

Estimate Resources Resources are the people, equipment and materials you need to complete the project. To ensure you have what you need when you need it and those costs align with your budget, estimate the resources necessary to complete the project. This will inform your schedule and budget.

Budget 371

Budget PMO Defining Estimate 371

Rebel’s Guide to PM

FEBRUARY 13, 2022

Read on to find out how it could help your agile team set effective sprint goals through better planning and estimating. Summary review of Chpokify: If you struggle with planning poker and agile estimating in a virtual environment, Chpokify is the answer. Chpokify makes it easy to share a common experience for sprint estimation.

Technical Review 306

Technical Review Software Review SCRUM Estimate 306

Online PM Courses

JUNE 3, 2018

There are two reasons why Project Estimation is a big deal for project managers. And second, poor estimates are often a primary reason for a project cost or schedule over-run. So, in this article, we’ll take a careful look at project estimation, to help you learn how to master the art and craft of doing it well.

Estimate 71

Estimate Technical Review Underperforming Technical Team Agile 71

Scrum.org

JANUARY 31, 2024

4. Sizing: Accurately sizing the work or estimating the complexity of each backlog item enables better ordering and planning. Product Backlog refinement allows teams to adjust their plans based on new information, ensuring the product remains relevant and competitive. This article was first published in the AskScrum.com newsletter.

2024 138

2024 Estimate SCRUM Risk Management 138

Rebel’s Guide to PM

MAY 3, 2022

In this article, you’ll learn about 20 things to include in a project plan. Estimating assumptions and methods. Record how you are going to create your estimates for the project (time and money) and note any assumptions. If you have company-approved estimating techniques, note which ones you are going to use.

Planning 322

Planning Software Review Risk Management Estimate 322

Rebel’s Guide to PM

MARCH 13, 2020

This is a guest article by author Edoardo Binda Zane. Scroll to the bottom to download this article as a handy PDF so you can keep it for reference as you create your proposal. In this article, I will show you exactly how to do that. Not only that: you need to estimate who will do the work. Step 3: Estimate Labour Costs.

Budget 288

Budget Planning Estimate 2020 288

Scrum.org

JANUARY 29, 2024

See our article What is Iterative, Incremental Delivery? In this article, we'll explore - and debunk! Objection: "We can't accurately estimate delivery timelines with incremental delivery." Explanation: Traditional project management often struggles with accurate timeline estimations.

Software 165

Software Estimate SCRUM Risk Management 165

Teamweek

JULY 29, 2022

Inaccurate time estimation is the cause of 25% of failed projects. Learning how to estimate time for a project is tricky, but critical to its success. In this guide we’ll go over: What is time estimating in project management? Why is estimating time for tasks important? What is time estimating in project management?

Estimate 52

Estimate Technical Review Underperforming Technical Team Software Review 52

Rebel’s Guide to PM

SEPTEMBER 3, 2021

This article will explain project contingency, how to calculate contingency and how to manage it within the scope of your projects. Contingency allows us to present final budget estimates as a range, as you can see in the Figure below. The project contingency is therefore cost estimated at a probability value.

Technical Review 297

Technical Review Software Review Estimate Risk Management 297

Rebel’s Guide to PM

MAY 24, 2022

Here are some cost-per-meeting examples: #1 : A company with 25,000 employees in which each employee attends 100 meetings per year (2 meetings per week) at an estimated cost of $500 per meeting. Total meetings = 2,500,000 Estimated cost per meeting = $500 TOTAL MEETING COST PER YEAR = $1,250,000,000 (over 1 BILLION!). #2

Underperforming Technical Team 323

Underperforming Technical Team Estimate 2017 Budget 323

Rebel’s Guide to PM

JUNE 29, 2022

Requirements associated with each of them may be a consideration for your next information technology project. Your organization may have a Chief Information Security Officer, whose staff is responsible for setting security standards. This article first appeared in 2014 and has been lightly edited to update it. Auditability.

2014 342

2014 Information Technology Controlling Budget 342

Scrum.org

SEPTEMBER 10, 2023

In this article, we'll explore these crucial areas for a Scrum Product Owner's success. These artifacts drive the development process and help in making informed decisions about what to build next. This information is the foundation for a product's vision and strategy. How can I improve my backlog prioritization skills?

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SCRUM Development Team Review Underperforming Technical Team Certification 149